I am looking to build a network, find a mentor and finally pull the trigger on an investment opportunity.

Did you pull the trigger?

We went to a million houses, had accepted offers on two houses - failed to pull the trigger on either - and finally about 9 months later bought the house at an auction with no turning back!

I've read a ton of books, have investor friends, and have almost all the tools in place to pull the trigger.

Another issue is, if you transfer ownership, you will trigger the due on sale clause, i believe.

Hello Bigger Pockets,I am about to pull the trigger on my initial offer and would like some feedback on multiple points of my offer before I do.

Having a significant amount of passive income can trigger the IRS to revoke the S election, making your corporation a regular C Corp, subject to double taxation and extra capitalization requirements.Unless you have a way of pulling in a significant amount of non-passive income into this S-Corp, I'd walk away from this deal.  

Looking to bounce ideas around and get a good sense of the entire process before pulling the trigger.

In my experience trying to assume a non assumable mortgage will automatically trigger a "due on sale" clause in the sellers mortgage.

I had been interested in property investing for a long time before that, but never pulled the trigger due to anxiety and, really, just lack of a mentor.